JIIC Awards Over AED 80 mn Works for Jubail Island

JIIC Awards Over AED 80 mn Works for Jubail Island

UAE’s Jubail Island Investment Company (JIIC) has granted an infrastructure works contract worth over AED 80 mn for Jubail Island to Gulf Contractors Company (GCC), Invest-Gate reports.

For an 18-month period, works will take place at two of six villages, namely “Marfaa Al Jubail” and “Souk Al Jubail,” which are part of the AED 5 bn megaproject, according to a press release on December 14.

Under the agreement, GCC will carry out “the construction of a three-kilometer public loop road circling around Souk Al Jubail to provide road connectivity and access to the neighboring villages, and the construction of five kilometers of internal roads in Marfaa Al Jubail,” JIIC added.

The contractor’s scope also involves “utility infrastructure development, including electricity, water, sewage, irrigation, telecom, and gas networks, as well as, street lighting,” the statement highlighted.

Commenting on the deal, Mounir Haidar, managing director of JIIC, noted, “Following the completion of the enabling works, we are delighted to confirm the start of phase one of infrastructure works on Jubail Island, demonstrating our commitment to on-time delivery of plots as early as Q3 2021.” 

According to the statement, JIIC has so far confirmed a total of AED 120 mn contracts, out of approximately AED 600 mn worth of total infrastructure works on Jubail Island.

Poised to be a freehold Abu Dhabi investment zone, Jubail Island will feature a mix of serviced plots, high-end and mid-range properties, alongside numerous retail, office, and food and beverage (F&B) spaces. It will also encompass 25,000 new mangrove trees, lagoons, and new marine habitats. In addition to boasting extensive outdoor areas, the integrated development will have some walking and cycling tracks, parks, as well as, kayaking stations.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register